Social Assistance (NAICS 624) Industry Market Research Report

Social Assistance - Market Size and Forecast

The Social Assistance report contains both historical and forecasted statistics. Total market size figures from 2015 to 2025 reveal industry growth patterns and trends. Market size measurementsincludes both public and private companies in the industry.

2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Market Size (Total Revenue)


% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government financial data.

Industry Revenue ($ Billions)

Social Assistance Industry Revenue
  • 2015
  • 2016
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021

Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Social Assistance - Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Social Assistance companies in the United States.

Social Assistance Revenue by State

US Market Size by State

Distribution by Company Size

Company Size All Industries Social Assistance
Small Business (< 5 Employees)


Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Social Assistance - Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:
The report includes a traditional income statement from an "average" company (both public and private companies included).

Industry Average Percent of Sales
Total Revenue


Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit

Average Income Statement

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits



Depreciation and Amortization

Officer Compensation

Net Income

Social Assistance - Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial RatioIndustry Average
Profitability Ratios


Profit Margin
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Social Assistance - Product Mix

Product Description Description Revenue
($ Millions)
Industry total


Social assistance services for children, youth, & families
Contributions, gifts, & grants - government
Contributions, gifts, & grants - private
Social assistance services for the elderly & disabled
Pre-primary grade instructional programs
Social assistance services for adults
All other revenue
Other social assistance services for the general population
Social assistance related to shelter for the general population

Social Assistance - Compensation and Salary Surveys

TitlePercent of Workforce Bottom Quartile Average (Median) Salary Upper Quartile
Management Occupations 5%


Chief Executives 0%
General and Operations Managers 1%
Other Management Occupations 6%
Business and Financial Operations Occupations 8%
Business Operations Specialists 6%
Community and Social Service Occupations 14%
Counselors, Social Workers, and Other Community and Social Service Specialists 14%
Counselors 15%
Rehabilitation Counselors 10%
Social Workers 5%
Child, Family, and School Social Workers 5%
Miscellaneous Community and Social Service Specialists 6%
Social and Human Service Assistants 13%
Education, Training, and Library Occupations 14%
Preschool, Primary, Secondary, and Special Education School Teachers 9%
Preschool and Kindergarten Teachers 8%
Preschool Teachers, Except Special Education 8%
Other Education, Training, and Library Occupations 15%
Teacher Assistants 14%
Teacher Assistants 14%
Healthcare Support Occupations 6%
Nursing, Psychiatric, and Home Health Aides 6%
Nursing, Psychiatric, and Home Health Aides 6%
Home Health Aides 7%
Building and Grounds Cleaning and Maintenance Occupations 8%
Building Cleaning and Pest Control Workers 7%
Janitors and Cleaners, Except Maids and Housekeeping Cleaners 6%
Personal Care and Service Occupations 44%
Other Personal Care and Service Workers 42%
Childcare Workers 8%
Childcare Workers 8%
Personal Care Aides 32%
Personal Care Aides 32%
Residential Advisors 5%
Residential Advisors 5%
Office and Administrative Support Occupations 7%
Production Occupations 6%
Transportation and Material Moving Occupations 6%
Material Moving Workers 5%

Government Contracts

In 2008, the federal government spent a total of $940,036,292 on the social assistance industry. It has awarded 4,573 contracts to 1,758 companies, with an average value of $534,719 per company.

Social Assistance and Adjacent Industries - Top Companies

Company Address Revenue
($ Millions)


Social Assistance Industry Report
Geography United States  
Publication Date July 2020
Report Format PDF Download  
Price $499

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